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morning sunday at 7:00 a.m. eastern time. >> now a discussion and facial recognition technology and privacy issues. after that, oregon senator ron wyden talks about global issues with the internet. and then south carolina governor immediately. -- nikki haley. not a discussion on facial recognition technology and the privacy issues that arise as it becomes more widespread this is about one hour 20 minutes. >> i am technology reporter for political. i have a great panel so i will not bore you with an introduction. to start us off we have the ftc commissioner who was sworn in on a term that expires in 2018. she focuses on fcc issues, including privacy. she served at the commission for -- she focuses on f.t.c. issues, including privacy. she would get us started off with a recap on what the ftc is working on. >> i am delighted for the opportunity to provide some into the three stocks on the topic of this panel, facial recognition technology. i will be speaking from the perspective of consumers. the mission is to prevent business practices that are anti-competitive, deceptive, or on f
the need outside the elevator using current technology and we learn about the latest destination elevated technology all here in san francisco. we will also visit the machinery where all the behind- the-scenes gears control these incredible machines. we are very fortunate today to have an expert with those who is going to walk us are around elevators in san francisco. can you tell us about the history of elevators in san francisco? the measure -- >> sure. the history of elevator technology evolves with the city. first elevators were installed for moving materials in the 1860's. in the 1870's, the first passenger elevator was installed, and that allowed building heights to go up to about seven floors. starting in the 18 eighties, 1890's, the first electric elevators were installed. that allowed for buildings to go up even higher, even more than 10 floors, and those were the first elevators that became representative of what we consider modern elevators today. >> so the height of buildings is related to elevator technology. >> both of these technologies encourage architects to build taller
at the programs, traveling around the world, that there is one constant. there are people and technology that say this is a place they want to be. entrepreneurs say this is where they want to be. when companies like facebook are started at an institution like harvard and a pier, you start to recognize why this is so special and fiber and why innovation is a bleeding heart economy. so let me try to give some brief introductions about our panel today. i have to confess, i only just met one of our panelists, lee said dyson, the ceo of coverity. she got a ph.d. in physics from mit but felt the urge to come out here to california and she did her research at stanford and lawrence berkeley. that is an indication we are getting smart people like her out to california to start companies like hers. 15 employees in 2008. it is interesting, we talk about cloud computing and these technology companies, but she takes electronic waste that is rich in carbon and recycles that into oil for plastics and a variety of other things. i wish i had more time to talk to you and get to know you because i am sure there's a
with our immigration system. that technology world sees that people have gotten their phd from schools like mit. if you are a farmer, you would say that the migrant farmers do not have their papers. if you are checking crowdabs in maryland, the season be destroyed because you do not have workers. below thing is a mess. i have hope that -- the whole thing is a mess. >> you represent a lot of companies in silicon valley. what are you hearing from them? what is the solution to these problems? >> at it not so much a h-1 visa problem. i'm not saying it should be repealed, but it has structural problems. the real answer is residents. if you have some hot shot that got his phd in computer science from stanford, he's getting offers from all over the world. if you make them stay in limbo for six years, that's not really competitive. we want people to stay here and create jobs. that does not just in the tech field, but throughout the economy. make it easy for people to stay and grow american jobs to help our economy recover. >> what is the atmosphere for potential immigration reform in congress? >> w
the international consumer electronics show in las vegas with a discussion on government's role many technology. then president obama awards this year's recipients of the national medals for science, technology and innovation. and after that we're live as policymakers, health care industry leaders and representatives of government gather for a national health policy conference. >> congress returns today to capitol hill. the house comes in at 2 p.m. eastern to take up a small number of bills under suspension of the rules with votes at 6:30. also this week a debate and vote on a measure to require the president to submit a balanced budget to congress. over in the senate, members also come back at 2 eastern for general speeches. then at about 5:30, a vote on the bill to reauthorize the violence against women act, a domestic violence law that expired in 2011. a final vote on that could happen later this week. members of both parties are attending retreat this week. as a result, the senate will be out on tuesday and wednesday, and the house no legislative business on thursday or friday. live coverag
of the technology sector. certainly start of companies can be from the person that decides it wants to open a dry cleaners to the latest in technology that originates and we see here at this trade show. where the greatest success seem to be was in the innovation arena, that technology arena, and it appeared to me that government was about to make a decision that was going to limit the opportunity that innovation would have for the economy. and did not expect to have much success, the allies, they were on the other side of the issue. significant players, both in congress and outside. if he was in the room, i would give him full credit for the success. the reality as it was the community the decided they were going to participate in making their position known and felt in washington, d.c. as a result, what was unexpected became the outcome, the unexpected outcome of stopping sopa and pipa was the success we had as a result of citizen participation. i hope that at victory is felt that democracy is still alive and well. a person's. of you can be heard and make a difference. that outcome was the expec
and increased expectations about what health information technology can do now -- i think it is a challenge always to balance the technology that can do these things -- we know you don't get paid to do these things but we wanted to do them -- and how those broader dynamics moved down the path and stay connected and yet balance in real time. i think that is a challenge. from the consumer viewpoint and what we know is that consumers want thatit. we did a survey about a year ago and there was broad consumer support for physicians use of electronic of records. i think it has the potential to be a game changer for them. their expectations are now beginning to change, too, in this transition phase. we saw that only a fairly small percentage of consumers have on- line access to their medical records. it is about 26% of people who also had said in ehr. for those that did, their views were very different and their experiences were very different. there were more engaged in their care and more motivated to do something to improve their care and they felt more confident in their clinician's ability to
at sharp are also betting on one unique technology to bring business back. we explain. >> reporter: engineers at sharp looked into the future and the monitors, public computers and in smartphones too. the new liquid crystal display technology is called igzo. it reduces power consumption by a fifth. only sharp owns this technology, for now. >> translator: smartphone batteries that last longer are very appealing. >> reporter: in december, a market research firm ranked smartphones with a igzo panel as the number one seller in japan. >> translator: we're getting many inquiries of products. that would certainly boost our sales. >> reporter: sharp executives are pinning hopes on this technology? >> translator: igzo is contributing a lot to improving our business. >> analysts say sharp executives may need to learn more from their past mistakes. executives invested nearly $5 billion to increase production lines for liquid crystal displays. it didn't take long for south korean and taiwanese competitors to catch up. sharp eventually lost in the price war and posted a steep decline in profits
of technology to sit in on the group. >> it might be worth while to let them know. >> good. >> okay. >> actually, additional state quarter meetings are going to be held subsequently and they will be involved in the testing and review and feedback of the citizen portal so that is going to occur. do you have any questions on this subject? >> good job. >> okay. >> keep it moving. >> yeah. this is going to go ahead and talk about the technology project. >> yeah. >> so the several of them that are critical but the most critical one is the infrastructure refresh which is the improvement. the proposal was submitted two years ago to the college, which of the committee and information technology to revamp our service this is about 7 years old. and we started this process two years ago, the city export and the city on committee of technology over sees the technology projects in the city and they do and were pushing for consolidation, as a result of that, actually, we were approved to go ahead and do the refresh of the infrastructure in conjunction with the planning department as well as the human services
, the fascinating thing about technology businesses in the internet is that a company can become a global brand and get global reach in a stunningly quick period of time. that's what e-bay did in its first five to ten years. he became a global phenom in a stunningly short period of time. just as you can disrupt, you can be disrupted. ebay when i got there was beginning to be disrupted itself. >> charlie: by? the way disruption happens it doesn't come directly at you. product search didn't exist when ebay started. google had started. craigslist had started. what we needed to do was to face up to the reality of the change and in essence reinvent e-bay with today's tech, what was today's technology and internet and reimagine, reinvent the company. >> charlie: did some people come to you and say if you do this you're going to cannibalize what we have. >> absolutely. at some point you have to choice. the dilemma in technology is either you cannibalize yourself or someone else is going to do it. we took the tough medicine labeled it a turn around. no one liked it at first. that allowed us to focus on
to quickly adapt an use all those commercial technologies that are readily available. so you saw, at least in my opinion from a dod perspective, some scrambling, for lack of a better term, to try to counter that threat and get proactive and be ahead of the enemy. >> i want to get to the issue of technology in a little bit, but, okay, let's talk about the technology for a second. what were some of the technologies that you think are key enablers for the future, and what do you think are some of the technologies that are most terrifying in the hands of an adversary? colonel? >> there are many things that are promising that the army has it not been using as an organic piece of our formation. as we develop this multifunction electronic warfare capability there are many things inside there which are promising. there are airborne electronic attack capabilities that the army has not had, so aim very excited by its inclusion in this greater integrated electronic warfare enterprise that we're working our way through now. i am most concerned, of course, about the enemy's ability to maneuver inside o
and most prominent advocates of science, technology, and engineering, math and education, some of you know them as a member of the school state board. later this week president obama will be awarding him the national medal of science for his achievement in physics. dr. james gates. [applause] two years ago, and that just two years ago, this woman has turned around a workplace into a full-time job. please welcome janice in caroline county and melissa jones harris. [applause] within the heart of every individual is a spirit and a dignity that yearns to be recognized. 12 months ago outside, the officially recognized for the first time in 380 years, the people in a ceremony that none of us will soon forget. please welcome the tribe. [applause] thank you for being here. we're also joined by someone who found himself doing the job of a city manager. when his own home was flooded, he set aside his personal needs an extended her day and night to help the families in the cities through the crisis. mayor p.j. mayor? [applause] my fellow marylanders, the story of dr. gates, the story of janice and me
that we have read, that technology and the enhanced use of auto maition and technology have been a recurring theme for the department of building and inspection and i didn't see any emphasis and there was no mention of that in terms of the budget or at least not with any emphasis, i also note having red last year's grand jury report that the city has a very, very poor track record of implementing technology and yet, it seems to have been established that you know, hand held devices in the field, and better coordination of records from different departments that there are a wide variety of ways that technology could improve the efficiency of the staff, and the customer service, if you will. so i wondered, where that is in the budget, and what safe guards that the technology could be properly implemented. >> thank you. >> hi, again, robert, i was just wondering about the comments of the open notices of violation. and my question is how are the down stream effects not relevant? the permits that are applied for the inspection fees, the reinspection fees? i mean, if you look at the ja
saving technology. output is expected to jump five-fold by 2050 but energy conservation is a pressing issue because the industry is heavily dependent on fuel oil as well as electric power. the agreement came after a meeting in tokyo. it was tended by government and industry officials from the two countries. the technological know-how to be provided to india provides, among other things, how to convert heat and gas from steel mills into electric power. >> we hope that in the time to come we'll be second largest steel producer of the world. with this expansion, capacity is in mind, we do require better technologies, efficient technologies. we are assured with the discretion with exports, we will be able to find the right technologies for india. >> under the accord, japan will also send experts to india to help build energy-saving facilities. >>> that is going to wrap it up for biz tonight. let's get you a check of the markets. >>> residents of beijing have woken up for much of the past month under a dome of smog. they've looked out their windows to a haze of pollution. and residents of
been working with us, with sf city as i mentioned earlier, spur, our department of technology, our committee on information technology, and then we have an open data working group which really tries to get volunteers from the different departments to work together and see what other kinds of data analytics that we could provide to the public. >>> i want to just say today, you're going to hear some demonstration projects that are already started with our open data. again, as a way to celebrate innovation month, not only are we opening up different companies throughout san francisco, but we want to also encourage, examples we're going to be announcing yoyo working with phil ginsberg to provide data where are small parks or where the events are happening. what is the cost? how to get there in the hours that they're operating? a smart phone application for all of our events in recreation and park department, that to me is going to be invaluable to visitors and to our neighborhoods. bronwin who is working with us on data information from neighborhoods in our city, growth trends, that ki
and everybody sees it from the situation they are in so the technology world that people that got their ph.d. in to start a company here but that doesn't any sense. for the farmer you see that your migrant farmworkers don't have their papers and you are going to have to file under and if you are chucking crabs in maryland you see that the season is going to be destroyed because you don't have workers so the whole thing is a mess and i have hopes that we will have a reform effort that is really top to bottom and bipartisan. >> host: representative lofgren you represent a lot of high-tech companies in silicon valley. what you hear from them and what do you see as the solutions to these problems? >> guest: it's not so much in h-1b problem. i'm not suggesting the h-1b program should be repealed. it does need reform. does have structural problems that can lead to underpaying immigrants to the detriment of the american co-worker but the real answer is permanent residents. we are competing on a worldwide stage and if you have got some hotshot that just got his ph.d. in computer science from stanf
? is there a bubble? >> i would like to speak about the clean technology sector. there was a little bit of a bubble that emerged in 2005, 2006, 2007 time frame. what has happened since then is you see the landscape changed. there have been a lot of companies and vc's, founders, that are focused on very few investments in companies but are in it for the long run. the time and invested it takes to build a clean tech company. the difference with clean tech, there might be large facilities required, investment to build your first plant, for instance. we are seeing a change in the landscape. one thing i want to add, too, for clean tech, there are organizations like the clean tech opened that foster innovation and identify and help on to produce with that system, present their idea, put together their business plan, attract the mentors and advisers to help them build their technology. the incubators are contributing to a maturing clean tech and biotech sector -- sector. >> just a short comment. we focus in this building, a research center, on technology. some of it is near term, some of it is very long t
in california that's training the next generation of students in this revolutionary technology. "if used correctly, this technology has the potential to change the game for manufacturing in the united states." the revolutionary manufacturing technology of rapid tech at the university of california-irvine is paving the way for small businesses to produce three dimensional prototypes on a budget. "for the small guy it's a little harder to get access to this technology, and that's kinda what we're here for. we want to give smaller companies access to this technology to let them be more competitive." rapid tech's printers are able to create objects - layer-by- layer - in three dimensions, and can print prototypes within a matter of hours. this saves companies time and money when correcting design flaws, and, more importantly, when going after market share. "first, when a company engages with us, we want to make sure that when they go out to get it manufactured, they have all the correct files and the correct data - all the correct tools to give to the manufacturer. it lets a little company r
, from health care, from these markets that we're just scratching the surface in terms of technology applications. >> host: will panasonic still be manufacturing televisions? >> guest: i don't know. >> host: will the word "television" still be in use? >> guest: probably old people like me will still be using the word "television." and i think displays will still have a prominent role in the home for communicating content and information. >> host: joe taylor, chairman and president of panasonic in north america, this is "the communicators" on c-span. "the communicators" is on location at ces international 2013, the technology trade show. more programming next week. >> just ahead, president obama speaks at a ceremony honoring recipients of this year's national medals for science, technology and innovation. after that we're live with a national health policy conference with industry leaders and representatives of government who will discuss what to expect in health care policy this year. and later more live coverage as former first lady laura bush speaks at the susan g. komen for the cu
to me a technology geek's really dream, is to have all of this data available so that we can mine them in different ways and very creative ways. and i want to say, again, as someone who has worked in government for 23 years, i've been at those departments like dpw and others where we think in one dimension. this is where we clean the streets. this is how often we clean it. this is when we tell the cars to move off. and this is what dpw does and it does it pretty well within that constraint. if you shared that data with companies who are looking at where do people live, how -- what their patterns are, we can get a lot more creative. when we open our data, when we suggest to departments that they can work in collaboration, when we open up and establish within our city contracts that the companies that do service for us do not own the data that they generate from us, that they will have a contractual obligation to share that with the city so that we can mine that to the rest of the city, that's advance of opportunities for everybody. i know at the heart of sharing this data, there is goin
in the plus column other than united technologies, maker of otis helicopters, down a dollar-17. you see the averages on the lower right hand of the screen, dow, nasdaq always there, gains across the board. we wanted to highlight the strengths in exchange traded funds you may own, some in your portfolio, etf, the xlk. it's moving higher by 1.5%. the health care spider up one and a quarter percent, and there's xlt, that moving up one and a third percent, all of them on a role so stocks in the aggregate looking pretty good. look at the big individual winners today. computer sciences rearing its head here, up nearly 10% making it the biggest gainer on the s&p 500. the i.t. service provider raised the 2013 forecast. we got blackberry, yes, not research in motion anymore. okay, why is it stock doing beautifully after the incredible announcement? nobody got excited about the disprks 10. well, now they are excited about the z10 sales in the u.k.. looking healthy right now. barclays making comments on that. eaton up 5.5%, better than expected q4 earnings looking at those three names. we have to
care reform. last but not least the use of technology. we have the ability to share information with technology that we have today with their computers and the internet, have databases where we can share information with doctors and hospitals and they can keep the costs down and make sure that the consumer has good information and thorough information so that they can make the choice. it gives power to the consumer which i think we all appreciate and frankly at the end of the day i trust the consumer to make the decisions that are in the best interest for them. we have too much of a government mentality. we know best. we need to choose for you. you may make the wrong decision and i think that is wrongheaded. so let me conclude this part by saying what i'm talking about with utah here is a way of addressing this reform. it may not be the way. other states have different demographics. we have a young population in utah. we are the youngest in america. i am the oldest guy in utah. [laughter] if you compared our demographics with safe florida which has a lot more seniors compound th
their business plan, attract the mentors and advisers to help them build their technology. the incubators are contributing to a maturing clean tech and biotech sector -- sector. >> just a short comment. we focus in this building, a research center, on technology. some of it is near term, some of it is very long term. i am glad to hear what we suggest said. i worry personally that we do not see as many long term investments as we used to. >> how do you define a long-term investment? >> good question. so, i think the question is, how speculative is this? i will use us as an example. we have a team in this building working on lithium batteries. their goal is to build a battery with 500 miles of range, for obvious reasons. we hope they will have a prototype in the feet next few years. we think -- in the next few years. we think the stars are lined up. that is a long-term investment. >> next question to all of you. michael, we will start with you. we know government is the regional -- at the regional, state, and local level can help or hinder startup companies. what would you like to see from
the details to find you a play that could mean smooth sailing. plus, second opinion? carefusion's technology helps hospitals cut cost. could its stock be your perfect elixir? cramer talks with its ceo on earnings. all coming up on "mad money." follow jim cramer on twitter. have a question, tweet jim, send him an e-mail or give us a call at 1-800-743-cnbc. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. okay. [ male announcer ] with citibank's popmoney, d
are right behind me. to some of the leading technology companies in the valley. we have companies that raise anywhere from a thousand dollars to $25 million that have sort of been housed with us. some of the coolest things that have happened at the hatchery two people sitting next to each other working on the same app for six months decided to merge and raise a million dollars for their company. so, collaborative consumption is something we truly believe in and having spent a couple of years working with the likes of jane, brian, tina lee and a bunch of other people who have been sort of working on this open data problem, it's been sort of exciting to sort of see it come to fruition today and see sort of the progress that they've made. so, for me this is sort of -- it's been fun to sort of watch this team of people come together and do what they do and make san francisco a 21st century city. so, you know, it's an honor to welcome the mayor back to the hatchery, the new hatchery. we invite you, supervisor chiu, to our monthly infamous happy hours where bourbon and branch caters to meet with o
to innovation. >>> 13 years ago, i like all of you started a company. i started in i-ti a technology company in the 1.0 world. it was a company that created technology to connect citizens better with government * . i ran it for almost nine years. and when i was elected to office four years ago, i was unfortunately more surprised than i wanted to be about how far behind san francisco government was. this was very 2008, 2009. with you i'm really proud of the leaps and bounds we have taken as a city * . i was proud in 2010 to help move forward legislation to really bring together city departments to work in a coordinated way with our committee on information technology. to help create a chief information officer position for the city. i was also proud to work with then mayor newsome in passing the first generation of open data legislation that we have. but as our civil grand jury in june pointed out, our i-t in san francisco is still in need of a culture shock. and this is where all of us come in today. we have 200 data sets that have already been put out there, but by and large the data sets p
, especially women trying to consider a career in science and technology, if you get to the undergraduate level that dr. jackson's heart about, if you see nothing but four years of math and science classes before you can apply to something that makes it come to life, uses a lot of people during that time. we look at bioengineering to where you can see the impact and it really brings the potential career and impact the lives unless the secret to grow and turn that trend around. >> it's federal government to implement to strengthen their nations and maximize taxpayer dollars? are your witness to that? >> i pay attention more to results. right now if i look results coming out in s.t.e.m. education, we continue to be ranked so i'm most global ranks in the work we have is the nation is still in front of us on that. >> thank you, mr. chairman. >> gentleman from massachusetts, mr. kennedy is recognized. >> thank you for calling this hearing. witnesses, thank you for your testimony. as a resident of its should be aware of the are indeed in appreciate your time coming here today. president templeton, th
. a big logo slide. >> and we're supposed to be about the technology. >> imagine a big stop bullying speak up logo on the slide behind me. >> say that again. >> stop bullying, speak up is the name of the campaign and a nice transition. my complements to everyone in the room. if i have learned everything in the last four years while researching bullying prevention and for our age group and the kids in the second through seventh grade it's that not only does it take a village but a village of people who are willing to partner and collaborate with each other and speak not only to adults about this issue but speak to children and i think it's an interesting transition from mia's work to mine. still not mine. >> it is but -- >> and the role we play at cartoon network and thousands of kids at home everyday and the role we play is taking that information, translating it and content on the line and when kids come independently to our screens to play games and watch television and do a variety of things we have information for them on information they care deeply part. in 2008 as research we do
, with water that are not always proven technologies, but they're things that are enough proven you should take a bit of a risk and you should show others it can be done. >> we're showing the world, suddenly had wind turbines which they didn't have before. so, our team realizing that time would change, and realizing where the opportunities were today, we said, you know what, we started out as really something to control wind as an asset, when you combine today's technology becomes something entirely different. >> wind turbines in an urban environment is a relatively new concept. there are a few buildings in other major cities where they have installed wind turbines on the roof. and wind turbines in buildings are effective. >> the discussion was do we do that or not? and the answer was, of course. if they're not perfect yet, they're building a building that will last 100 years. in 100 years someone is going to perfect wind efficient turbines. if these aren't right, we'll replace them. we have time to do that. >> the building that's two renewable energy generations. wind turbines located on the n
, the burgeoning growth of computer technology just happened to coincide with your arriving here? somebody suggested, maybe you ought to try this? i am asking how you process that. i get to that because of the success you have had, sitting on the obama commission. it is quite a fascinating journey. how do you look back at that decision at the time when you can barely speak english to study computer science? >> what is taught me is behind every closed door there is new opportunity. it is like every time life shut the door, it closes on me, high end up doing something else, and it is a new world that opens up for me. i learned in my life's journey many times that when something -- when it looks like there is no work -- no road ahead of you, behind that mountain, there is another road. there is always, if you try, you can always find a path. tavis: give me some key markers down the road, a key moments that happened for you that allowed you to get to this place with geomagic, once you left new mexico. >> first, i met an entrepreneur in city ago. i worked for him while i was studying computer s
of the worst technology in government. and over the last few years we have worked really hard to improve that park user's experience through the use of technology. and i want to start out before we talk a little about the app saying a if you thank yous. i really want to thank mayor lee to his incredible commitment to technology and frankly the recreation and park department. i want to thank supervisor chiu who has been a leader both in the parks world and in the technology world. sf city has really been a driving force behind helping government think about new ways, new and improved ways maybe for some of you they're old ways now. but new and improved ways for government to reach users of our programs and services. and i want to say the last special thank you to the folks from apple-liscious. this thing is awesome. this past year, the trust for public land which is a national parks organization determined that san francisco, which has 4,000 acres of open space and over 220 parks, over 15% of the city's land is open space. the trust for public land said we have the best urban park system
and players who are worried about the risk of football concussions. one company, unequal technologies, has risen to the fore with nfl endorsements -- >> i don't feel like i'm taking a risk. >> reporter: and three blunt words on every box it sells, concussion reduction technology. rob vito is the founder and ceo. >> these athletes need to take control of their own safety. >> reporter: his products, strips of composite material including bulletproof kevlar, that you glue into a helmet, but some experts are skeptical. >> the guy would have you believe it's his magical material. there's nothing magical about it. >> reporter: dave halstead is technical director at the southern impact research center, one of the leading testing labs for sports equipment in the nation. here's the problem -- the modern football helmet already offers excellent protection against direct hits, which produce sharp linear forces against the skull. halstead's testing shows the unequal strips can reduce the severity from certain angles like the front but not from other angles. and doctors believe many football concussion
reached the point where technology changed the whole game in a way we are beginning to realize. on line universities and couple of them started by two stanford professors and world class education for free or near free . what are employers looking for? intelligence and drive and discipline . it used to be a college degree stood for those things and now they have faster and better ways to determine whether they want to hire someone. >> john, billions of dollars in government stub sidies for llege education are worthless? >> they are worthless and i a not going to defend them but what botherings me is it a notionful a job that requires a college degree. i don't care if you want to be an investment banking analyst, there is nothing you learned in the four years that has nothing to do with the job you will eventually do . the idea that college is going to make us better or worse, jobbings are not plentiful because government is getting in the way of. >> emac a lot of the plumber jobs don't require college. but associates degrease pay more than the college jobbings. >> yes, a trade pays more
. >> the science, space and technology committee will come to order. i'll recognize myself for an opening statement and the ranking member for her opening statement. the topic of today's hearing, the first of this committee and this congress, is american competitiveness. the role of research and development. this is an appropriate hearing because much of the jurisdiction of this committee relates to keeping america globally competitive. america's ability to compete depends on whether we have the present vision to conduct the science that will define the future. as the wall behind me says, where there is no vision, the people perish. this committee's goal and today's hearing is to help define that vision and ensure that america continues to be the leader of global innovation. our first hearing today will will begin this process by examining the positive impact of today's r&d and looking forward to potential breakthrough innovations in the future. americans have always been innovators and explorers. our ancestors crossed oceans, opened fronttears and ventured to explore a new content and even travel
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